Banking and Finance

Recent Posts

The JOBS Act: Creating Jobs, or a Replay?
Posted on 26 Mar 2012 by Thomas O. Gorman

As the 1990s drew to a close Congress passed legislation signed by the President ensuring the deregulation of the derivatives markets. At the time CFTC Chairwoman Brooksley Born was one of the sole voices of dissent. Less than ten years that dissent... Read More

Dick Phillips, Alan Berkeley and Stan Keller Discuss the JOBS Act.
Posted on 17 Apr 2012 by Corporate and Securities Law Community Staff

On this edition, Dick Phillips and Alan Berkeley of K&L Gates and Stan Keller of Edwards Wildman discuss the JOBS Act (Jumpstart Our Business Startups Act), which was signed into law April 5 by President Obama. They provide an overview of the legislation... Read More

Lifting the Ban on General Solicitation and General Advertising
Posted on 23 Mar 2012 by Doug Cornelius

On Thursday afternoon, the US Senate passed the Jumpstart Our Business Startups Act, a bill designed to make it easier for small companies to raise capital. The centerpiece of the legislation is the crowdfunding provision. However, the Senate passed... Read More

A Masterstroke of Some Kind: Crowdfunding and the JOBS Act
Posted on 17 Sep 2012 by Corporate and Securities Law Community Staff

"Everyone agrees the title was a work of pure genius," says Dick Phillips of K&L Gates in a recent podcast , referring to the Jumpstart Our Business Startups (JOBS) Act. "It's impossible to vote against in an election year."... Read More

You Cannot 'Crowdfund' a Fund (in Case You Were Wondering)
Posted on 24 Apr 2012 by Asher Bearman

Crowdfunding may provide an interesting way for some companies to raise capital. It's definitely getting a lot of the hype since passage of the Jumpstart Our Business Startups ( JOBS ) Act earlier this month. I've read articles talking about... Read More

Next Steps for the JOBS Act
Posted on 28 Mar 2012 by Doug Cornelius

The Jumpstart Our Business Startups Act, as amended by the Senate, was voted on by the House of Representatives yesterday and passed 380 to 41. That makes it a very bi-partisan bill, even though a ll 41 "Nays" were Democrats . If I remember... Read More

Crowdfunding Under the JOBS Act: The Bottom Line Impact on Private Equity Issuers and Market Intermediaries
Posted on 2 May 2012 by Corporate and Securities Law Community Staff

by Jonathan B. Wilson and Dianne L. Trenholm Excerpt: On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (the "JOBS Act"), H.R. 3606, into law calling it "a potential game-changer" for startup... Read More

The Practical Implications of the "JOBS" Act for EB-5 Practice
Posted on 16 Apr 2012 by Yi Song

On March 22, 2012 Washington, DC, "Jumpstart Our Business Startups" (JOBS) Act was passed by the Senate, following its passage on March 8, 2012 by the House of Representatives. The purpose of the said legislation is to ease the regulatory... Read More

Final Senate Version of Crowdfunding
Posted on 27 Mar 2012 by David N. Feldman

As we know, the Senate changed the version of the Jumpstart our Business Startups (JOBS) Act in only one way, they added an amendment, drafted by Sen. Merkley (but also supported by Sens. Bennet and Brown), which added more investor protections to... Read More

Steps to Determine if an Investor is Accredited
Posted on 2 Apr 2012 by Doug Cornelius

Private funds will be able to advertise and solicit for investor, provided all of the investors are " accredited investors ." The Jumpstart Our Business Startups Act will dramatically change the way capital raising for private funds operates... Read More

Crowdfunding the Crowdfunders
Posted on 5 Apr 2012 by Doug Cornelius

With President Obama set to sign the Jumpstart Our Business Startups Act on Thursday, it seems the race is on to create a crowdfunding portal and to start making money. Crowdfunding has been around for a long time and the use of a crowdfunding portal... Read More

In Spite of What You May Have Heard, the Senate Just Effectively Killed Crowdfunding
Posted on 30 Mar 2012 by Alexander Davie

This last week, the Senate passed the " JOBS Act ," leaving it one step away from final passage by Congress and Signature by President Obama. The JOBS Act contains a number of provisions which are aimed at reducing the securities compliance... Read More